09 Apr L’Occitane shares halted in Hong Kong as Blackstone said to prepare funds for privatisation bid
Posted at 08:04h
in Asia
L’Occitane International’s billionaire owner Reinold Geiger and Blackstone are nearing a deal to take the skincare company private, potentially ending its 14-year of trading on Hong Kong’s stock exchange, people familiar with the matter said.Blackstone, the world’s largest alternative asset manager, may provide debt financing...